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House Price Crash Forum


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About laurejon

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  1. I dont know what all the fuss is about. Most Key workers in London City are earning around the 750k mark, often with an annual bonus of at least a couple of million in some cases. Only recently I had a few drinks with some key workers and they were all concerned as to house prices in London. As they said, working in a bank is now not just a job, but a responsibility to society, hence the reason they are added to the list of key workers, and in fact they are now the first emergency service which is why taxpayers money has been used to ensure they remain stable, profitable, and more importantly able to pay the wages of the board and executive staff. Imagine this scenario. You have been knocked over in the street and have only minutes to live. The most important person in your life is not a Doctor, but a banker as you need to make financial arrangements before you croak.
  2. The UK retains some autonomy as to how it spends is money. Currently the UK has a self imposed austerity, if Labour were in power they would be spending more money, and that money would be borrowed which is a debt on behalf of the British Taxpayer. People should face facts. The EU is disintigrating and there is going to be some terrible events over the next decade. Thankfully the UK is an Island, and thankfully we are living in the Asian Century. The UK should leave the EU and negotiate individual trade deals with each European nation. In addition the UK needs to get is smartest and brightest out to the Asian nations and get some business that provides a profit, rather than the business in Europe which is loss making.
  3. They dont need to have worked to claim the dole. Provided they are signed on in their home country, they can walk into any UK Jobcentre and present form U2/E302 and they can immediately claim unemployment benefit. http://ec.europa.eu/eures/main.jsp?catId=9018&acro=living〈=en&parentId=7866&countryId=UK&living= Also interesting to see anyone in Europe can access the UK jobcentre from the EURES website and apply for UK jobs. http://ec.europa.eu/eures/home.jsp?lang=en
  4. History is not your strong point 1970's was a terrible event that had the Labour government go cap in hand to the IMF for a bailout. The problem is that every Labour government has destroyed the UK economy, placed millions on the dole, and decimated public services as a result of their incompetence.
  5. The answer is very simple. Quantative Easing coupled with ridiculously cheap credit. House prices can be directly tracked to the availablity of credit, and its cost. In 1998 average earning were around 26,00 and you could buy a decent 3 bed home for around 60k with interest rates around 7%
  6. If Doctors did their job properly, then people would not have to go to A&E for what is often mundane and not life threatening ailments. I myself dont bother to waste my time booking an appointment at my local GP, I simply pop over to A&E at a time I consider to be quiet. Saves me taking a day off work, and ensures the A&E department remains open as the more patients an A&E department has, the more likely it is to miss the Chancellors Axe.
  7. There isnt any work....................thats why they are having a crash on their property market.
  8. Correct. The reason for this is also that the vendor will need to put in an offer and have it accepted if his sale is dependent on buying another property. The property can remain under offer for some time as the agents try to complete the chain.
  9. What I find amusing is that Spain contributes to a fund to bail out Italy, and Italy is contributing to a fund to bailout Spain. The simple fact is that the PIGS are all going to be leaving the Euro, however taxpayers money is going to be used to support the banks to have enough funding prior to the event to allow the rich and influential to get their money out first.
  10. But the problem is that you will not make 10 quid on a bumper. You will most likely be losing 100 quid on each bumper by the time you have paid Employer Ni Contributions, satisfied the Unions, satisfied the local Council and paid the rates, and paid the bank the interest on the money you borrowed, the same money that got printed by the BOE at the expense of devaluing your savings.
  11. I dont think it would take an economist to understand that what we are seeing is the final death gasps of a failed political project. Europe is bust, and the UK is not far behind. The solution for the UK would be to leave Europe and negotiate its own trade deals. Clearly the UK needs to break away from this pitifull failure before it gets sucked into a mess it cannot get out of.
  12. Could it be that they are really going to lend this new money to bail out Spain, Italy and the IMF ? We all know that if it was the case then it would be political suicide for Cameron and the Tories, so they print the money but actually send it to Europe and the IMF under the pretence it was for our Banks ?
  13. The class system is dead and buried. The only people who discuss class are those that consider themselves working class and feel the world owes them a living. Anyone can be anything they want to be. Everyone is an architect of their own future.
  14. Strange that, the laws being in favour of the owners of the property. Have you ever hired a car and enquired if you can change its colour ? I really do not understand what the beef is about tenancy laws. You rent a flat and you look after it because it is not your property, just like every other thing in life you either borrow, or use, that does not belong to you.
  15. I was thinking only yesterday. If Russia was to take Turkey from behind, would Greece help ?
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